The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (interest arbitrage) deals, over the period of each deal.
Official action normally occasioned by a change either in the internal economic policies to correct a payment imbalance or in the official currency rate.
Traders and/or price action are acting with conviction.
A financial professional who has expertise in evaluating investments and puts together buy, sell and hold recommendations for clients.
A product is said to ‘appreciate’ when it strengthens in price in response to market demand.
The simultaneous purchase or sale of a financial product in order to take advantage of small price differentials between markets.